Can Tesla Stock Reach $1,000 by 2030?
In recent times, you will struggle to find businesses that performed better for investors than (NASDAQ: TSLA). In the past five-year period, this top electric vehicle (EV) stock has skyrocketed 908%.
It hasn't been a smooth ride this year, though. Shares are down 28% in 2024 (as of March 27), as investors appear to be growing pessimistic about the Elon Musk-led enterprise. Maybe this is the right time to buy the dip in the hopes that Tesla can continue being a winner over the long term.
But can the stock rise 456% between now and 2030 to reach $1,000 per share?
Source Fool.com
Tesla Inc Stock
€340.45
3.090%
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 40 Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 17.49% compared to the current price of 340.45 € for Tesla Inc.
